BUSINESS owners will need enough “mojo” to fight through the next 100 days and survive when the Federal Government’s JobKeeper support ends, a leading insolvency firm has declared.
Jirsch Sutherland Partner Andrew Spring said companies relying on JobKeeper or temporarily trading while insolvent will have until mid-September to form a business plan or make the choice to liquidate.
“The JobKeeper safety net is being removed in three months – not to mention other stimulus initiatives and forbearance measures ending soon – and that means business owners should be getting on the front foot now to survive,” he said.
“We’re experiencing an economic event that’s both macro and micro in nature and company directors need to be proactive abou…
Read the full article at: https://www.qt.com.au/news/jobkeeper-time-bomb-8-questions-businesses-must-an/4040131/
